Chinese Companies Must Play By American Rules Or Be Banned From U.S. Exchanges, Senate Rules

, would delist Chinese companies from Nasdaq, NYSE and other exchanges for failing to follow U.S. securities laws.

Originally introduced by Senators John Kennedy and Chris Van Hollen in March 2019, the bill would require companies to certify that “they are not owned or controlled by a foreign government.” They’d also be required to open their books to the Public Company Accounting Oversight Board—refusal to do so for three consecutive years would result in a ban and delisting.argued on Twitter

. “It’s asinine we’re giving Chinese companies the chance to exploit hard-working Americans because we don’t insist on examining their books.” On Tuesday, China's Luckin Coffee was delisted from the Nasdaq over allegations of accounting fraud; its founder and its chairman wereThe legislation is the latest example of rising pushback against China—over trade and other issues, which has been amplified in recent weeks by President Donald Trump, who has

skleb1234

skleb1234 Good plandemic pantomime guise of a global coup distraction from the new world order agenda sovereignty gone NWO agenda obamagate pizzagate coronagate

skleb1234 This is just theater. American companies constantly outsource jobs to China, funding these exact same Chinese companies. Billionaires and CEOs are also not impeded one bit from buying through the Chinese stock exchange.

skleb1234 Cool story 👍🏻👍🏻, buying $BABA Alibaba

skleb1234 Kennedy is ugly enough to make a freight train take a dirt road?

skleb1234 Mistake

skleb1234 Why u messin with my bags man

skleb1234 I wonder will China keep buying American debt ? They already have a lot...

skleb1234 So much for free market capitalism... Hypocrisy at work

skleb1234 Thank you. DestroyChina

skleb1234 What about Trump* loans from China?

skleb1234 Great. Should be same standard for all companies.

skleb1234 Lmaooo $LK

skleb1234 Putin - Puppet master.

skleb1234 Insane

skleb1234 Finally working for America and the American people.

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Chinese Companies Must Play By American Rules Or Be Banned From U.S. Exchanges, Senate RulesThe new bill passed by the Senate would force Chinese companies to certify that “they are not owned or controlled by a foreign government.” Kennedy have you told trump and ivanka Cold War 2
Herkunft: Forbes - 🏆 394. / 53 Weiterlesen »

Senate votes to boot rules-flouting Chinese companies off stock exchangesThe Senate today passed a bill that would expel Chinese companies from U.S. stock exchanges if they continue to deny inspectors access to their audits, ratcheting up the conflict between the two countries So what’s the strategy here? A few months ago Trump was praising Xi and lauding China’a supposedly great COVID response. about time......... Good!
Herkunft: politico - 🏆 381. / 59 Weiterlesen »